The National Association of Manufacturers, in its work for compensation and prevention of industrial accidents, started out with the theory that the first essential requirement to the furtherance of equitable conditions is a knowledge of the facts—all the facts, for half knowledge leads to wrong conclusions. To meet this requirement we made a thorough study of foreign compensation systems. The next requirement, it was felt, was prompt action in line with sound conclusions. Voluntary systems of prevention and relief have been established by numerous American employers which compare favorably with European conditions, but on the whole the United States is far behind other civilized nations in these matters. Employers are not more nor less to blame for this condition than employes, legislators or the public. We each and all need education; we need to get in tune with the times. For many years much time and attention at the board meetings of the National Association of Manufacturers have been given to the consideration of accident prevention and relief plans. In common with other humane agencies, the association has felt that the economic loss due to accidents, enormous as it is, is as nothing compared with humane considerations. It has taken the stand further that prevention is even more important than compensation. Three years ago the conclusion was reached that the time had passed when attention to these problems in the abstract was to any extent effective, and that results could be secured only by practical campaign methods. Macaulay’s truism, “The only knowledge that a man has is the knowledge he can use,” has been the basis for the efforts which the committee, formed at that time and entrusted with this work, has carried on during these three years. The spirit in which the committee’s recommendations have been received and acted upon by members of the association reminds me of Emerson’s statement: “Every good and commanding movement in the annals of the world is the triumph of enthusiasm.” We have found enthusiastic support everywhere. Our misgivings at the outset that the campaign would result in the loss of the more conservative members of the association proved to be groundless.